The US Department of Labor (DoL) has thrown a new curveball into its approach to governing shareholder rights, questioning the need for asset owners to have their voices heard by companies at all.
Following …
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A group of senior Chinese regulatory officials and financial experts is calling on their home nation to co-operate with the US to avoid further escalations of the ongoing trade war.
The China Finance 40 …
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Institutional investors from around the world have urged the US Department of Labor to pull back on its proposed Financial Factors in Selecting Plan Investments Regulation and give them more time to feedback.…
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A group of US business associations has called on the Senate to ratify legislation on boardroom diversity that was passed by the other chamber last year.
In an open letter to …
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Dalriada Trustees, one of the UK’s largest independent trustee firms, has selected Minerva Analytics to carry out vital duties for its pension fund clients related to the newly introduced implementation statement.
Dalriada, …
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The US Impact Investing Alliance has urged the Department of Labor to reconsider the introduction of a controversial law governing ESG in investment portfolios, asking them to suspend the rulemaking process until normality returns.
The group has written …
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The Pensions and Lifetime Savings Association (PLSA) has published guidance to help pension trustees navigate new regulatory requirements around the public disclosure of their responsible investment activity.
The association’s Implementation Statement Guidance…
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Despite claims from some of the world’s largest investors that moves to impose new proxy voting regulations would increase costs, the US financial regulator has pressed ahead with a series of …
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The Bank of Spain has emerged as part of almost unanimous opposition to its government’s proposed introduction of so-called loyalty shares for listed companies.
According to El Pais, in its response to a consultation on a new securities and …
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The UK government has published the full text of its planned Shareholder Rights Directive (SRD II) legislation as it moves closer to bringing the new rules into law. …
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